Binance CEO: “XRP Is Not A Security” As CZ Reflects On Current Ripple Legal Battles

2018-12-13 19:33

‘XRP Is Not A security’ – CZ Binance View On Current Ripple/XRP Legal Battles

Coinbase exchange, one of the most prestigious exchanges, has been adamant to adding Ripple (XRP) to the list of tradable assets due to XRP’s legal issues in courts. This issue has brought up an interesting exchange of tweets between one of “cryptotwitter” famous personalities, Joseph Young and Changpeng Zhao, the CEO of Binance cryptocurrency exchange.

In a tweet that questioned the persistence of Coinbase not listing XRP, Joseph blamed the current legal issues surrounding XRP being regarded as an asset as the cause. He tweeted,

“Coinbase has been listing everything in crypto apart from XRP. It says it may add every asset above a certain level like the stock market but still no XRP. Savage. On a serious note, it's likely the pending federal court case against Ripple is holding them back for now.” – @iamjosephyoung on Twitter

Changpeng Zhao, known as CZ Binance, responded to the tweet focusing on the implications that would beset US investors in case XRP is declared a security. The CEO of the largest cryptocurrency exchange acknowledged the opinion as his own affirming that the case against Ripple could be in court for a long period of time.

CZ Binance On Twitter Responding To XRP’s Legal Battles

Young later responded to this brushing off the calls of XRP as a security and claiming the legal battles will soon end in favor of XRP. The case was moved from state to federal custody on the request of the Ripple legal team who according to Young are confident to win.

Security Exchange Commission (SEC) commissioners have come out recently rebuffing the claim that XRP is a security as it does not meet any test to term the asset as a security. Owning XRP does not offer the investor any shares in Ripple. This dissolves the idea of XRP as a security.

Will Coinbase reconsider its move and list the second largest cryptocurrency on its platform?

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Ripple (XRP) на Currencies.ru

$ 2.2252 (-1.24%)
Объем 24H $11.688b
Изменеия 24h: -0.93 %, 7d: -8.17 %
Cегодня L: $2.1858 - H: $2.2889
Капитализация $127.397b Rank 4
Цена в час новости $ 0.3011 (639.02%)

xrp ripple legal battles one binance exchange

Источник: bitcoinexchangeguide.com

xrp ripple → Результатов: 126


Фото:

Ripple предупредила о росте числа криптомошенничеств на фоне бычьего ралли XRP

Компания Ripple предупредила подписчиков в соцсети Х о массовых случаях фишинга и мошенничества на фоне роста крипторынка, в частности, криптоактива XRP.

2024-12-3 12:57


Фото:

XRP выросла на 20% после встречи гендиректора Ripple с Трампом

Американское издание FOX Business сообщило, что генеральный директор Ripple Брэд Гарлингхаус встретился с избранным президентом США Дональдом Трампом. На фоне этой новости криптовалюта XRP выросла на 20% — до $0,9842.

2024-11-18 11:49


Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

2024-11-3 12:03


Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

2024-8-10 01:38


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